SSC CGLEconomy

Financial and Security Market

2 SSC CGL Economy previous year questions on Financial and Security Market — options free on every question; 1 include the answer & explanation free, the rest unlock with PYQ Pass.

Q1 FREE PREVIEW
PYQ
Which of the following organisations of the Government of India has been reporting the GDP at factor cost and at market prices?
aReserve Bank of India
bNational Sample Survey Organisation
cCentral Statistics Office
dNITI Aayog
✓ Correct answer: c) Central Statistics Office
ExplanationThe market prices have been reported by the Central Statistics Office (CSO) of the Government of India.In 2015, CSO abandoned the method of calculating GDP based on factor costs and switched to using the worldwide standard of computing GDP based on market prices together with the Gross Value Added (GVA) measure in order to more accurately estimate economic activity.Hence the correct answer is Option C: Central Statistics Office.
Q2
PYQ
Which of the following is NOT a method of measuring national income?
aIntermediate goods method
bExpenditure method
cIncome method
dProduct method
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